News
Finance and Credit
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February 12, 2021
12
Feb'21
Northamber looks to build on H1 2020
Distributor issues an update detailing how it fared in the last six months of 2020, with coronavirus and Brexit both having an impact on the business
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February 05, 2021
05
Feb'21
DXC Technology staying on turnaround course
Days after the firm rebuffed the Atos takeover approach, DXC Technology shares Q3 numbers
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January 14, 2021
14
Jan'21
Distribution comes through pandemic year strongly
Record sales and a rapid response to the changing demands caused by the coronavirus pandemic helped the channel get through 2020
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December 11, 2020
11
Dec'20
Bytes IPO over subscribed
Business valued at approximately £646.6m as it marks a successful IPO with conditional trading starting on the LSE
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December 09, 2020
09
Dec'20
Ingram Micro ends Chinese adventure with $7.2bn sale
Distributor Ingram Micro has been picked up by US private equity player Platinum Equity, ending four years under the ownership of the HNA Group
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December 01, 2020
01
Dec'20
SME customers showing signs of coronavirus impact
The pandemic has hit many small and medium-sized businesses and they are showing signs of caution and distress
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November 12, 2020
12
Nov'20
Redcentric ends sale discussions without deal
MSP Redcentric reveals that discussions with potential suitors have terminated without a sale
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November 02, 2020
02
Nov'20
Bytes signals flotation ambitions
Channel player Bytes looks to split from South African owners and go it alone as a public company
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October 23, 2020
23
Oct'20
Datto CEO talks of increased support for partners post-IPO
MSP specialist plans to beef up its engineers, product and support staff after becoming a public company
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September 10, 2020
10
Sep'20
Fintechs ramping up efforts to get loans into SME hands
With the deadline for the government-backed coronavirus loan scheme looming, efforts are being made to try to get those small firms looking for financial aid logged onto the system
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September 09, 2020
09
Sep'20
Exertis extends £10m in credit to AV partners
Distributor Exertis is increasing funds for audiovisual product and services resellers as a sign of support against a backdrop of Covid-19
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September 02, 2020
02
Sep'20
Computacenter ‘materially above’ expectations and Redcentric exploring sale
Tech investors have received some cheer from Computacenter and some guidance around a possible sale from MSP Redcentric
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September 01, 2020
01
Sep'20
Tech Data shows expansion ambitions with APAC buy
With the backing of its new owners, the distributor has begun to flex its muscles and has picked an acquisition target to bolster its Asian presence
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August 19, 2020
19
Aug'20
Softcat on course for strong FY20
Channel player continues to deliver growth as it issues a trading update to cover its last fiscal quarter
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July 22, 2020
22
Jul'20
Computacenter enjoys profit growth in first half of 2020
Computacenter provides investors with some cheer after sharing an encouraging trading update for the first half of 2020
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July 22, 2020
22
Jul'20
Getronics gets fresh owner managers
Deal worth €200m sees Dutch channel player start life under a different owner
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July 17, 2020
17
Jul'20
DCC Q1 update paints a picture of improving conditions
Exertis parent updates investors ahead of AGM, with signs of trading performance improving as the weeks progress
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July 06, 2020
06
Jul'20
TalkTalk Business adds partner MDF to Homeworker package
Firm follows up on launch of business-grade connectivity offering, with details of how it plans to support its channel partners
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June 30, 2020
30
Jun'20
Tech Data flexes financial muscles after Apollo deal
Deal to acquire the distributor finally closes and the channel player is quick to show off what the benefits of private ownership will involve
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May 28, 2020
28
May'20
If we get funding now, our tech must be good
Those lucky enough to get investment against the backdrop of the coronavirus pandemic are highlighting what that might say about their offerings to the market
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May 28, 2020
28
May'20
Tech Data weeks away from closing Apollo deal
Distributor shares first-quarter numbers and reveals it is close to sealing Apollo merger
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May 26, 2020
26
May'20
Softcat shares details of ‘satisfactory’ Q3 trading
Channel player’s trading update reveals that the first few weeks of lockdown have not had too much impact on the numbers
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May 20, 2020
20
May'20
Coronavirus: Fujitsu adds to list of vendors increasing support for partners
Fujitsu has indicated it is taking steps to support its Select partners, and Adobe has come up with a solution to keep partners and ISVs busy during Covid-19
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May 15, 2020
15
May'20
Computacenter business strengthens during lockdown trading
Channel giant issues a trading statement that will provide cheer not only to investors but also those keen to see the channel shake off the impact of the coronavirus
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May 06, 2020
06
May'20
Bounce Back scheme backs £2bn of loans to small firms
The latest attempt by the government to ease the economic pain caused by the coronavirus has kicked off
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April 30, 2020
30
Apr'20
Coronavirus: Print channel appeals for more vendor support
Research from Quocirca reveals that the print channel is having to cope with the pandemic and the challenges of moving to a “new normal”
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April 28, 2020
28
Apr'20
Chancellor hopes Bounce Back Loan scheme will deliver funds to small firms
Small businesses have so far faced a challenge in getting hold of funds during the coronavirus crisis, but a fresh scheme coming in next week should ease those problems
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April 24, 2020
24
Apr'20
Coronavirus: HPE adds to list of vendors offering financial aid
HPE has outlined a number of initiatives designed to help partners get through the Covid-19 coronavirus crisis
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April 23, 2020
23
Apr'20
Computacenter provides some cheer with robust Q1 trading
One of the first set of numbers to include some lockdown trading has come out of the channel
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April 22, 2020
22
Apr'20
Coronavirus: Dell offers channel access to $9bn in financing
Vendor continues to make moves to support partners that are trying to keep business as normal as possible during the Covid-19 crisis
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April 20, 2020
20
Apr'20
Coronavirus: Extreme Networks adds LEAP to support partners
Vendor builds on previous moves to ease certifications and increase access to training with financial help for resellers
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April 16, 2020
16
Apr'20
No pause for the funding rounds
Over the past few days, there have been a few lucky firms securing more investment to bulk up their growth ambitions
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April 16, 2020
16
Apr'20
Coronavirus: e92plus increasing practical support for resellers
Distributor e92plus increases financial aid for partners that want to keep the customer orders flowing
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April 15, 2020
15
Apr'20
Coronavirus: Dell makes moves to ease channel finances
With the current challenges caused by Covid-19, the supplier has made changes to its MDF programmes to make life easier for the channel
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April 02, 2020
02
Apr'20
Coronavirus: HP increases partner support
Vendor reacts to the ongoing pandemic with moves designed to make life easier for partners and their customers
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March 27, 2020
27
Mar'20
Coronavirus: Channel braces for challenging second quarter
There are growing signs that it is getting harder for partners and vendors to predict what will come next
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March 25, 2020
25
Mar'20
Computacenter buying and Tech Data fighting in France
There is plenty going on over the other side of the Channel at the moment as Computacenter looks to expand and Tech Data and Ingram counter fines dished out by the French authorities
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March 18, 2020
18
Mar'20
Atlas Cloud secures significant investment
North-East-based managed services specialist gains backing to expand the business
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March 18, 2020
18
Mar'20
Covid-19: Chancellor offers further financial support to SMEs
Government ramping up support for firms struggling with cash flow problems amid the growing impact of coronavirus
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March 12, 2020
12
Mar'20
Computacenter boss shares coronavirus concerns after solid 2019
Last year was a solid one for Computacenter, but the firm's CEO has indicated that Covid-19 is making forecasting for 2020 a challenge
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March 11, 2020
11
Mar'20
Budget: SMEs given support in the face of Covid-19
The chancellor announces measures in the Spring Budget to help small to medium-sized enterprises that could be hit hard by further spread of coronavirus Covid-19
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March 06, 2020
06
Mar'20
Tech Data shares final FY numbers before Apollo takes off
Global distributor Tech Data has released the last set of full year results before it changes ownership in a few months
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March 03, 2020
03
Mar'20
Xerox moves to bring HP takeover saga to a conclusion
Channel businesses might not have to wait too much longer for outcome as Xerox appeals directly to HP shareholders
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February 21, 2020
21
Feb'20
AdEPT aims to raise millions to fund acquisitions
Managed service player is looking to raise millions with a share placing to provide more resources for its acquisition strategy
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January 23, 2020
23
Jan'20
Computacenter eyeing vast opportunities
Channel player shares details of strong 2019 and indicates that the future is one where it can enjoy further growth
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January 22, 2020
22
Jan'20
IT firms victims of worsening late payment situation
Last year saw the problem with invoices being settled getting worse and IT firms are struggling to get their bills paid on time
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January 21, 2020
21
Jan'20
Fresh efforts made to tackle late payment woes
Late payments have been a headache for SMEs for years but fresh attempts are being made to clamp down on the issue
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January 10, 2020
10
Jan'20
Synnex splits in two with Concentrix getting its independence
Distributor is looking to gain more flexibility and focus by splitting away from the customer experience specialist Concentrix
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December 12, 2019
12
Dec'19
HP expands channel finance options
Vendor renews its relationship with HPE and adds DLL to the mix to provide channel finance options
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December 10, 2019
10
Dec'19
Stone Group undergoes an MBO
Firm goes through second MBO in the space of 11 years as it changes investment backers